Vornado did not identify the buyer, but Ashkenazy Acquisition Corp. President Michael Alpert confirmed Monday that Ashkenazy has agreed to acquire the center that is home to such large stores as Old Navy, Nordstrom Rack, Men’s Warehouse and Marshalls.

“We like to acquire trophy properties in major markets around the U.S.,” Alpert said. The sale is expected to close in the third quarter.

In Beverly Hills, Ashkenazy owns the Armani Building on Camden Drive and the building housing the Barneys New York department store on Wilshire Boulevard. Other local acquisitions are coming, he said.